Yea, REE [RES sym on AMEX] is very compelling and I wish BYSD the best of luck going forward also.
But, and this is very important; when you know the name of the CEO - you know too much. That trading discipline must not be crossed. And, I'm crossing it here. It is the #1 reason most lose all.
It's because if I know too much about the company, if I really am gun-ho on its new tech or I golf with the same brand of golf clubs the CEO uses - I will actually look now, for reasons to stay in as it loses value for whatever the reason.
"The CEO will pull it out of this nose-dive". "It'll come back". "One big sale and we are right bact in it".
"Joe Shmoe the CEO can beat the charges the SEC has indicted him on".
"They got the wrong guy". "The technology worked in the lab????".
LOL
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